11, NEW PARK, WADEBRIDGE, PL27 7PL - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 NEW PARK is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £460,000 in April 2023, which was around 3% above the average April 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

11 NEW PARK Sold Prices

Land registry data shows three sales for 11 NEW PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three 11 NEW PARK sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 3 APR	£460,000	£445,171	3% above HPI
2015 9 DEC	£235,000	£307,089	23% below HPI
2007 16 JAN	£278,500	£282,511	1% below HPI

11 NEW PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 11 NEW PARK sales between January 2007 and April 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 11 NEW PARK?

11 NEW PARK is 90m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 11 NEW PARK lies on this distribution: 29% of detached houses are smaller than 11 NEW PARK, and 71% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

11 NEW PARK: Plot and Title Map

11 NEW PARK sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 11 NEW PARK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 NEW PARK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 NEW PARK?

11 NEW PARK is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 11 on NEW PARK.